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Income Tax - Highlights / Catch Notes

Home Highlights March 2017 Year 2017 This

Disallowance u/s. 40A(3) - assessee has made cash payment of ...


Cash Payment to Sister Concern Not Disallowed u/s 40A(3) as No Expenditure Claim Made.

March 16, 2017

Case Laws     Income Tax     AT

Disallowance u/s. 40A(3) - assessee has made cash payment of ₹ 2 Lakhs to a sister concern - this amount was not claimed as an expenditure, no disallowance is called for u/s. 40A(3) - AT

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